It was an inconvenience to be sure, he has a metric f*** ton of money but it’s not liquid assets. He got a lot of people to come in and fund it and then took loans against a small amount of his Tesla stock.
Realistically though it didn’t put him in any serious trouble, any ended up with a propaganda media company.
I mean buying twitter at a massive premium was a consequence. Although yeah, he just pooled together other people to pay for it :/.
It was an inconvenience to be sure, he has a metric f*** ton of money but it’s not liquid assets. He got a lot of people to come in and fund it and then took loans against a small amount of his Tesla stock.
Realistically though it didn’t put him in any serious trouble, any ended up with a propaganda media company.